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celebration26 1 post  |  Last Activity: Jul 23, 2015 2:46 AM Member since: Sep 2, 2006
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    Earnings Report Craziness

    by badboy91998 Jul 23, 2015 1:38 AM
    celebration26 celebration26 Jul 23, 2015 2:46 AM Flag

    That's the way they have been playing it for a while now. Bring it up before earnings, entice people to buy calls and then push it down on earnings (unless it's a 40-50% beat) to collect call $$$s and then in few weeks back to the previous high. We will be $140 by next CC and then the game will repeat again. Best way to play it is buy couple weeks before CC and then sell a day or two before the results, even short a few, cut your short very soon in a day or two and go long again for next quarter.

    Sentiment: Buy

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